This topic contains a solution. Click here to go to the answer

Author Question: EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) ... (Read 21 times)

Emmejo01

  • Full Member
  • ***
  • Posts: 131

Question 1

During 2021, Bascom Bakery Inc. paid out $36,910 of common dividends. It ended the year with $214,500 of retained earnings versus the prior year’s retained earnings of $146,250. How much net income did the firm earn during the year?

$102,840


$103,220


$104,370


$105,160



Question 2

EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

Sales

$2,700

Costs

1,800

Depreciation

450

EBIT

450

Interest expense

120

EBT

330

Taxes (35%)

115.50

Net income

$214.50


$292.50


$294.71


$296.08


$297.30



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Emmejo01 on Aug 7, 2023

wangyichun

  • Full Member
  • ***
  • Posts: 179
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly




Emmejo01

  • Member
  • Posts: 131
Reply 2 on: Aug 7, 2023
:D TYSM


nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Excellent

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library